4218 Statesmen DrIndianapolisIN46250
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Indianapolis at 4218 Statesmen Dr, Indianapolis, IN, 46250 generates $3,037/mo in rent, after a $3,303/mo payment. Total monthly income is $3,037/mo. Return on cash invested sits at 14.58% in year one, and rental yield is 5.4% on a $674,900 entry. Equity gained on principal adds $4,355/yr, while 5% annual appreciation builds toward $186,462 over five years. Five-year ROI reaches 73.97% and total cumulative return in cash sums $164,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,037/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46250, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,669 (100%) |
| Owner Occupied HU | 4,223 (39.6%) |
| Renter Occupied HU | 5,500 (51.6%) |
| Vacant Housing Units | 946 ( 8.9%) |
| Median Home Value | $314,172 |
| Average Home Value | $358,341 |
Housing Distribution
Address Breakdown
Residential
9,925
Single Family
5,554
Multi-Family
4,371
Businesses
1,755
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Listed by: Bryan Anderson • Star Harbor Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22065803